Announcing ETH Lottery ICO

ETH Lottery is the first fully decentralized and transparent lottery managed by an Ethereum smart contract. In order to fulfill our mission in the best possible way, we are making the whole lottery fully transparent, eliminating any third-party involvement in the lottery process and management of funds. Therefore, all tickets told and results are available to the public and recorded on the Ethereum blockchain without 3rd party involvement.

A 359.3 billion USD market begging to be disrupted

The offline and online gambling market continues to grow every year. In 2016, the offline gambling market accounted for 359.3 billion USD, while the online market was estimated at 44 billion USD. It is noted that online gambling is experiencing faster growth (10% higher than offline), and is expected to reach 60 Billion USD annually by 2020.
As online lottery has an added value and low market share in comparison to the offline lottery, it seems that this sector has strong market potential in the future. Our goal is to attain 15% of the online lottery market category turnover within the first 2 years of operation.

Our Mission: Mission Decentralized

Lotteries are one of the most popular forms of betting in the world, run by the government and states in most countries. Our mission is to build ETH Lottery as an undoubtedly fair and decentralized lottery platform that neither any nation, state, single authority, or members of our team can control.
Lotteries give a chance to dramatically change one’s financial situation for the better, and this chance has always drawn the attention of millions of people all around the world. ETH Lottery’s mission is to provide a revolutionary, fully transparent decentralized lottery to the current online industry, delivering absolute freedom and equal chances of winning to all players around the world.

Most existing lotteries are totally centralized or even held by governments, giving rise to unclear rules, hidden fees, and high taxes. ETH Lottery, with its internal and transparent management and zero third-party involvement, hopes to revolutionize and create a new standard in the global market.

ETH’s goal is to become the most popular and transparent blockchain lottery that belongs to the international community and offers the biggest Jackpot in the world.

Let’s talk money: The raise, the plan, the whole 9.

Total raise: 7500 ETH
Tokens issued: 21,000,000
1 ETHD (Lottery Token) = 0.0006666666666 ETH or 0.00004634 BTC

Early backers’ bonus: 100%
How does Early Backers’ Bonus work:

The first 50 investors that invest at least 50 ETH and invite at least 10 people each, who invest at least 5 ETH will receive 100% bonus.

What’s in it for the investors: Give me the inside scoop

-- Pre ICO bonus of 50%
-- First 50 investors that invest and bring 10 people each during the Pre ICO receive 100% bonus
-- Up to 60% of the money raised during the ETH Lottery ICO is used as Jackpot prize, also exclusively for the investors
-- 50% of the unsold Tokens are used as Jackpot exclusively for investors
-- 15% of each lottery ticket sold is allocated toward investor dividends

Token Distribution

The Concept

ETH Lottery is a Smart Contract Powered Decentralized Blockchain Lottery system. Here’s how it works:

-- A smart contract is created for each lottery defining the prize, ticket prices, and a minimum number of entries.
-- Participants can purchase tickets directly into a lottery with any ERC20 compatible token.
-- Once the minimum number of entries is reached, the jackpot is activated.
-- A winner is selected at random using a unique algorithm.
-- The smart contract will automatically execute payment to the lottery winner.

Did you see what happened here?
No central authority. No Hold. Totally anonymous. And totally automated.

JOIN THE ETHLOTTERY.CO ICO TODAY